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Money and Finances
Reply to "Investments 101 - how do I learn how to understand these?"
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[quote=Anonymous]I think you can pick up enough on bogleheads alone, but if you aren't quantitatively inclined/financially savvy it may take a bit of work on your part. I suspect a corollary of your studies will be that you will want to move your money out of active management and stop paying AUM based fees. You will find that personal finance is a lot like home improvement and car repairs. A lot of people in this area don't take the time or simply don't have the aptitude to understand these topics so legions of charlatans lie in wait to deprive you of your money. Even if you don't decide to manage your own finances a little knowledge will go a long way to make sure you aren't spending more than you ought to, aren't taking on more risk than you need to and are getting the returns you should be getting given your risk level and asset allocation. Good luck! [/quote]
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